Old Republic International Corp. (ORI): A Case For Going Higher

After Hours

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Stocks Info

This NYSE-listed company operates within the Insurance – Diversified industry segment, falling under the Financial sector. The current market capitalization of Old Republic International Corp. is $8.68B. A total of 1.65 million shares were traded on the day, compared to an average of 1.52M shares.

In the most recent transaction, MONROE CAROLYN sold 4,503 shares of ORI for 31.28 per share on Jun 03 ’24. After the transaction, the SVP – Title Insurance now owns 33,556 company shares. In a previous transaction on May 06 ’24, DARE THOMAS sold 1,292 shares at 30.95 per share. ORI shares that SrVP Secretary General Counsel owns now total 47,764.

Among the insiders who bought shares, ADACHI BARBARA acquired of 442 shares on May 01 ’24 at a per-share price of $30.24. This resulted in the Director holding 8,287 shares of ORI after the transaction. In another insider transaction, MONROE CAROLYN sold 3,377 shares at $30.04 per share on May 01 ’24. Company shares held by the SVP – Title Insurance now total 33,556.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Old Republic International Corp. pays an annual dividend of $1.02, resulting in a dividend yield of 3.19%, and it has a price to earnings (P/E) ratio of 12.45. ORI’s most recent ex-dividend date was 6/4/2024 when it declared a $0.2650 quarterly dividend that was paid in cash on 6/14/2024. Previously, the company paid the dividend on 3/21/2024 with an ex-dividend date of 3/8/2024. The ORI stock dividend was $0.2650 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ORI has a high of $32.79 and a low of $25.89.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ORI’s latest balance sheet shows that the firm has $11.40B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $23.55, while its Total Shareholder’s Equity was $6.89B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORI is Buy with a score of 3.75.

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